EURUSD Short Scenario - #eToro

EURUSD is still in a Horizontal Range as you can see in the weekly and daily chart . The Resistance area 1.31670-1.32416 is really important a break of this area will change the situation. This horizontal range is not changing the bearish expectation for this currency, particularly the price movement to the historical annual minimum.

If the price action will show a good signal there are opportunities to enter short, looking for an entry point in the resistance area .